Reinsurance News
Hiscox
Hiscox is a diversified international insurance group listed on the London Stock Exchange and headquartered in Bermuda. Hiscox has over 3,000 staff across 13 countries and 32 offices, as of 2025.
The Hiscox Re & ILS division underwrites reinsurance opportunities on a global basis and also provides third-party capital capabilities.
Read our Hiscox insurance or reinsurance news and analysis below.
Hiscox Re & ILS reports top-line growth but LA wildfires dent H1’25 underwriting result
6th August 2025
Hiscox Re & ILS, which comprises the global insurer's reinsurance businesses in London and Bermuda and insurance-linked securities (ILS) activity, posted a 7% rise in insurance contract written premium (ICWP) for the first half of 2025 to $887.3 million, although the combined ratio increased to 95.1% as a result of ... Read the full article
Hiscox launches new Cargo API for smaller risks
1st July 2025
Responding to a clear market demand, specialist insurer Hiscox has launched a new Cargo API (application programming interface) based solution designed to cover smaller cargo - risks that typically do not get placed in the London insurance market. The new solution, available through Hiscox’s broker partners, focuses on underwriting small cargo ... Read the full article
Hiscox appoints Harriet Hanna as COO of Lloyd’s managing agent HSL
16th June 2025
Specialist global insurer Hiscox has appointed Harriet Hanna as Chief Operating Officer of Hiscox Syndicates Ltd (HSL), the Lloyd’s of London managing agent that underwrites capacity for Hiscox’s business units, including Hiscox London Market. According to the firm, Hanna will have oversight responsibilities for the operational capabilities of HSL, ensuring that ... Read the full article
Peter Clarke to succeed Colin Keogh as Hiscox Chair
29th May 2025
International specialist insurer Hiscox has announced the appointment of Peter Clarke as the Group’s new Chair designate, subject to regulatory approval. Clarke is set to take over the Board as Chair designate on June 1, 2025, succeeding Colin Keogh as Chair from July 1, 2025. The executive brings extensive experience from FTSE-listed ... Read the full article
Hiscox targets double-digit Retail premium growth by 2028
22nd May 2025
During its Capital Markets Day, specialist insurer Hiscox outlined its strategy to deliver attractive and sustainable returns for shareholders, stating that its ambition for the Retail segment is to accelerate premium growth to double digits by 2028 by continuing to gain market share across its sizeable serviceable addressable markets. The Capital ... Read the full article
Hiscox appoints Jane Guyett as new Senior Independent Director
16th May 2025
International specialist insurer Hiscox has appointed Jane Guyett to the role of Senior Independent Director with immediate effect. Guyett succeeds Lynn Pike following the conclusion of the 2025 Annual General Meeting, at which both Pike and fellow Independent Non-Executive Director Anne MacDonald stepped down from the Board after completing their nine-year ... Read the full article
Strong rate environment comes through in our level of return: Hiscox CFO
1st May 2025
Paul Cooper, CFO of specialist insurer Hiscox, said today that the company's strong level of return within London Market and Re & ILS is a reflection of the excellent rating environment over the past couple of years. Hiscox, a specialist global insurer with operations across commercial, reinsurance, and retail lines, remains ... Read the full article
Hiscox posts Re & ILS premiums of $492m in Q1’25, expects more favourable mid-year renewals
1st May 2025
Specialist insurer Hiscox has reported an increase in Group insurance contract written premiums (ICWP) of 2.4% to $1.6 billion for the first quarter of 2025, with growth in Retail and London Market slightly offset by a decrease in the Re & ILS business when compared with the prior year. At Hiscox ... Read the full article
Phil Withey joins Hiscox London Market as CTO
28th April 2025
Specialist global insurer Hiscox has announced the appointment of Phil Withey as Chief Technology Officer for Hiscox London Market. Based in London, Withey is to join the business in June, and will be reporting to Hiscox Group CIO Chris Loake and Hiscox London Market CEO Kate Markham. He will also be ... Read the full article
Hiscox reinstated retro and bought additional cover after LA wildfires
4th March 2025
The start of 2025 saw several wildfires impact the Greater Los Angeles area, causing loss of life and widespread destruction, with insurance industry losses currently coalescing around the $40 billion mark, leading Hiscox to tap its retrocession coverage. Specialist insurer Hiscox recently reported that its own losses from the wildfires, projected ... Read the full article
Hiscox reports strong results for Syndicate 33 and 6104
3rd March 2025
International specialist insurer Hiscox has released the final results for Syndicate 33's 2022 account and Syndicate 6104's 2022 and 2020 accounts, as well as current estimates for both syndicates' 2023 and 2024 accounts, of which the latter includes preliminary loss estimates stemming from the January 2025 Los Angeles wildfires. For the ... Read the full article
Hiscox Re & ILS profit soars in 2024 as ICWP exceeds $1bn
27th February 2025
Hiscox Re & ILS, the international reinsurance and insurance-linked securities arm of Hiscox, has reported a 2024 pre-tax profit of $267.5 million, up from $221.4 million in 2023, alongside an improved undiscounted combined ratio of 69%. Hiscox Re & ILS surpassed the $1 billion insurance contract written premium (ICWP) mark in ... Read the full article
Broker Insights extends Hiscox partnership
13th February 2025
Broker Insights, a data analytics provider for the UK commercial insurance sector, has extended its partnership with global specialist insurer, Hiscox with a new three-year agreement. This new agreement extends their collaboration to nine consecutive years, demonstrating their ongoing commitment to regional brokers. As an early adopter and the longest-standing partner of ... Read the full article
Hiscox looks to strengthen market position with new FI offering
3rd February 2025
Specialist insurer and reinsurer Hiscox has launched a new Financial Institutions (FI) offering, providing clients with four areas of cover including Directors’ and Officers’ (D&O), Professional Indemnity/Errors and Omissions, Crime, and Cyber. The product expansion is expected to strengthen Hiscox’s position in the market, and will be led by recently-appointed Joe Dearsley, ... Read the full article
Hiscox appoints Lynne Biggar and June Yee Felix to its Board
28th January 2025
Specialist insurer Hiscox has appointed Lynne Biggar and June Yee Felix as Independent Non-Executive Directors on its Board. As part of its Board succession planning, Lynn Pike and Anne MacDonald will not seek re-election at the 2025 AGM and will step down following the conclusion of their nine-year terms. Colin Keogh, Hiscox ... Read the full article
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